APAC

Edge computing growth to enhance insurance sector: Allianz Commercial

It boosts the sector by automating workflows and enhances real-time data analysis.
1 day ago

Reinsurers enjoy favourable pricing at April 1 renewals across APAC

The relatively low NatCat losses in the region led reinsurers to deploy more capacity.
1 day ago

Insurers may cover only 25% to 33% of disaster damages by 2030

Insurers also expect to gain up to 15% revenue rise from AI and tech boost.
1 day ago

Howden sees January premiums rise 4.5% on higher volumes

Premium growth was driven by increased demand for reinsurance.
4 days ago

Kita boosts underwriting capacity with $24m for carbon risks

It expanded its product offerings to include four insurance policies in the past four years.

Cigna Healthcare appoints new APAC CEO

He previously served as Chief Financial Officer for the Asia Pacific region.

Asian construction insurers impose tighter catastrophe limits

And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies. 

Financial crime threats to rise in 2025, Kroll report warns

One of the primary drivers is the rapid advancement of AI.

APAC gadget insurance market to grow 17.4% yearly until 2031

Worldwide, the segmet is seen to bag $194b in six years.

Pet insurance market set for 13% annual growth through 2033

APAC is recognised as an emerging market due to rising disposable incomes.

Insurance-linked securities hits record size with robust investor returns

End-2024, capacity in the 144A natural catastrophe bond market surpassed $45b.

Commercial insurance market to reach $1.87t by 2032

APAC is the fastest-growing market, fueled by rapid industrialisation.

Cyber ILS market grows as insurers seek alternative risk transfers

Cyber insurance demand is seen to reach $23b by next year.

Travel insurance market to reach $86.39b globally by 2030

Demand is also driven do to rising popularity of adventure and sports tourism.